News for 'Industrial Relations Code'

Long-pending four labour codes may go live by June-end

Long-pending four labour codes may go live by June-end

Rediff.com6 Apr 2022

Their implementation is expected to create investment owing to improving ease of doing business as well as initiating pro-worker measures.

It Starts With A Casual Bet And Then...

It Starts With A Casual Bet And Then...

Rediff.com4 Jul 2025

In 2025 alone, at least 50 suicides linked to online gambling losses have been reported across India. According to FIRs, the victims were addicted to betting, largely driven by cricket, rummy and poker.

Will 2022 see some daunting labour reforms?

Will 2022 see some daunting labour reforms?

Rediff.com31 Dec 2021

Ushering in a big wave of reforms by implementing the four labour codes, setting up the national social security fund to cover over 38 crore informal sector workers and improving the ease of doing business will top the agenda of the labour ministry in the New Year. In a major move, the ministry launched the e-Shram portal on August 26, 2021 for creating a national database of over 38 crore informal sector workers. It will help the government to ensure last-mile delivery of benefits of various social security schemes to the informal-sector workers.

AI Boom Fuels Demand for IT Specialists

AI Boom Fuels Demand for IT Specialists

Rediff.com21 Mar 2025

Entry level engineers for these roles can be paid between Rs 4 lakh to Rs 8 lakh annually, which can go beyond Rs 30 lakhs for people with more than eight years of experience.

It's time to get started, put money in deals: M&A financing opens up

It's time to get started, put money in deals: M&A financing opens up

Rediff.com15 Sep 2025

Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.

AI Redefines India's IT Workforce

AI Redefines India's IT Workforce

Rediff.com15 Apr 2025

'As more and more work becomes automated and a range of lower-level and higher-level tasks are replaced by AI, the need for a classic command-and-control pyramid structure goes away.'

'SBI's unique code will now speak for itself'

'SBI's unique code will now speak for itself'

Rediff.com19 Mar 2024

'However, to establish a quid pro quo, one can potentially see several things, like whether they got any benefits from the party that they gave money to. That is something that people (of India) will gauge. But to finally establish that there was money paid as consideration, it would require an investigation, a proper investigation, to be able to come up with such conclusions.'

Bill that makes firing staff easier passed in parliament

Bill that makes firing staff easier passed in parliament

Rediff.com23 Sep 2020

Labour Minister Santosh Gangwar said, the purpose of labour reforms is to provide a transparent system to suit the changed business environment.

5 Key Lessons From Microsoft Layoffs

5 Key Lessons From Microsoft Layoffs

Rediff.com16 May 2025

Professionals will be required to either learn new tech skills that focus on AI, cloud computing, or risk becoming obsolete, says Arun Prakash M.

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Amazon to invest Rs 2,000 cr in India to expand logistics, improve safety

Rediff.com20 Jun 2025

Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.

15 Fastest-Growing Job Skills In India

15 Fastest-Growing Job Skills In India

Rediff.com20 Mar 2025

Despite the dominance of AI, creativity and innovation are the most in-demand skills, reveal LinkedIn's Skills On The Rise 2025 report.

Time For India's Defence Reality Check

Time For India's Defence Reality Check

Rediff.com25 Jul 2025

When the technology gap between China and India will remain large, cost-effective hardware of the kind that proved their worth in Operation Sindoor should be our priority, points out R Jagannathan.

PIO's progress: Chennai-born appointed provost of MIT

PIO's progress: Chennai-born appointed provost of MIT

Rediff.com17 Jun 2025

Prof Anantha Chandrakasan has been named Massachusetts Institute of Technology's new provost, the first Indian-American to serve in this leadership role.

How India's agri sector can tackle US tariffs

How India's agri sector can tackle US tariffs

Rediff.com10 Apr 2025

India's policy for agriculture trade must move commodity-by-commodity to gain maximum benefits as US President Donald Trump's 26 per cent tariff on exports from the country take effect, said agriculture economist Ashok Gulati in a recent policy paper.

All 4 labour codes likely to be implemented from Apr 1

All 4 labour codes likely to be implemented from Apr 1

Rediff.com14 Oct 2020

All four labour codes are likely to be implemented in one go from April 1, the beginning of the next fiscal year, labour secretary Apurva Chandra said on Wednesday. The parliament in its just concluded session passed three labour code bills: the Industrial Relations (IR) Code, the Social Security Code, and the Occupational Safety, Health and Working Conditions Code (OSH). The Wage Code Bill, 2019 was passed by the parliament last year.

SC reserves verdict on corruption case against Yediyurappa

SC reserves verdict on corruption case against Yediyurappa

Rediff.com11 Apr 2025

The Supreme Court of India has reserved its verdict on a plea by BJP leader and former Karnataka Chief Minister B S Yediyurappa challenging an order reviving a corruption case against him. The case involves allegations of corruption and criminal conspiracy related to the allocation of industrial land. The court has framed several key legal questions, primarily focusing on the interplay between various provisions of the Prevention of Corruption Act and the Criminal Procedure Code regarding prior sanction to prosecute a public servant. The court has asked Yediyurappa's counsel to file written submissions within two weeks.

SC refers Yediyurappa corruption case to larger bench

SC refers Yediyurappa corruption case to larger bench

Rediff.com21 Apr 2025

The Supreme Court referred to a larger bench the legal issues stemming from a plea of BJP leader B S Yediyurappa, including the question whether a prior sanction to prosecute is needed under the Prevention of Corruption Act after a magisterial court order of inquiry. The questions revolve around the interplay between the provisions of the Prevention of Corruption Act and the Code of Criminal Procedure on the issue of prior sanction to prosecute a public servant.

A fifth of AIF investments questionable in terms of intent: Sebi official

A fifth of AIF investments questionable in terms of intent: Sebi official

Rediff.com18 Dec 2024

Around Rs 1 trillion, or a fifth of the investments made by alternative investment funds (AIFs) are questionable in terms of the intent behind the investments and are under the scanner for circumvention of regulations, said Ananth Narayan, whole-time member of Securities and Exchange Board of India (Sebi). AIFs are pooled investment vehicles that invest in a variety of assets including real estate, startups, unlisted companies, and derivative strategies in the listed space.

Pharma companies fight fakes with smart packaging

Pharma companies fight fakes with smart packaging

Rediff.com10 Oct 2024

Indian pharmaceutical companies are stepping up their efforts to combat the problem of counterfeit drugs, employing a variety of strategies, from packaging innovations to engaging private investigation agencies. The stakes are high, as counterfeit medicines not only harm consumers but also tarnish the reputation of leading brands.

5 High-Demand Jobs In 2025

5 High-Demand Jobs In 2025

Rediff.com6 Feb 2025

In 2025, India's tech job market is thriving, with tech professionals seeing a 9.5% salary increase and roles like AI/ML architects earning up to Rs 95 lakh annually.

'Oracle Was Little Late To Cloud Game'

'Oracle Was Little Late To Cloud Game'

Rediff.com26 Feb 2025

'We also realised that locking customers to our Cloud was not fair to them.'

Why 64% MTech Seats Are Vacant in Indian Colleges

Why 64% MTech Seats Are Vacant in Indian Colleges

Rediff.com23 Jan 2025

The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.

Under pressure, govt may water down labour reforms

Under pressure, govt may water down labour reforms

Rediff.com21 Nov 2017

Small Factories Act, Industrial Relations Code likely to be redrafted under pressure from Bharatiya Mazdoor Sangh

Smartphones Not Diamonds Drive India's Exports To US

Smartphones Not Diamonds Drive India's Exports To US

Rediff.com14 Oct 2024

In the June quarter of 2024-2025, smartphone exports hit $2 billion, well ahead of non-industrial diamond exports, which stood at $1.44 billion.

Probe report blows lid off sexual harassment in Mollywood

Probe report blows lid off sexual harassment in Mollywood

Rediff.com19 Aug 2024

The much-awaited report of the Justice Hema Committee, the government-appointed panel in 2019 that studied issues faced by women in the Malayalam film industry, comprises explosive accounts of harassment, exploitation, and ill-treatment being faced by women.

Minimum wage code to cover all employees

Minimum wage code to cover all employees

Rediff.com27 Jul 2017

At present, laws on wages do not cover workers getting a monthly wage of more than Rs 18,000

5 Non-Coding Tech Jobs That Pay Well

5 Non-Coding Tech Jobs That Pay Well

Rediff.com26 Jul 2022

These jobs don't necessarily require a degree in engineering or specialisation in coding.

CII asks startups to keep their valuations 'as realistic as possible'

CII asks startups to keep their valuations 'as realistic as possible'

Rediff.com29 Apr 2024

The Confederation of Indian Industry (CII) on Sunday urged Indian startups to keep their valuation "realistic" and distinguish between the goals of the organisation and its founder. "Startups may strive for long-term value creation rather than short-term valuations. "The valuations of businesses should be kept as realistic as possible," CII said in its Corporate Governance Charter for Startups.

'New wage code to benefit 50 crore workers'

'New wage code to benefit 50 crore workers'

Rediff.com14 Aug 2019

The government has decided that there has to be a floor minimum wage for the workers.

Tax devolution to states seen at 32%, but lags 15th FC advice

Tax devolution to states seen at 32%, but lags 15th FC advice

Rediff.com2 Feb 2024

The Union government is projected to share about 32 per cent of central taxes with states during the financial year 2024-25 against the 15th Finance Commission's recommendation of 41 per cent. The Revised Estimates (RE) for FY24, too, show a similar share of states in the central taxes at 32 per cent. In absolute terms, however, there has been an increase in the amount devolved to states compared to the Budget Estimates (BE) for FY24 at Rs 11 trillion.

Ferry sinks off Mumbai coast as Navy boat rams it; 13 killed, 99 rescued

Ferry sinks off Mumbai coast as Navy boat rams it; 13 killed, 99 rescued

Rediff.com19 Dec 2024

Two passengers died and 75 others were rescued after a speed boat crashed into a ferry off the Mumbai coast. The ferry, carrying 80 passengers and five crew members, was on its way to Elephanta Islands when the speed boat circled it before crashing into it. The Navy and Coast Guard launched a massive rescue operation, with 11 Navy boats, three Marine Police boats, and a Coast Guard boat deployed. Four helicopters were also involved in the search and rescue operation. Police, Jawaharlal Nehru Port Authority personnel, and local fishermen are assisting in the rescue efforts. Chief Minister Devendra Fadnavis said that seven to eight passengers remain missing.

Bankruptcy Code: Banks to gain, but not immediately

Bankruptcy Code: Banks to gain, but not immediately

Rediff.com13 May 2016

Bankruptcy Code will consolidate existing laws related to liquidation and sick industries

'PLI Has Been A Big Boost To Manufacturing'

'PLI Has Been A Big Boost To Manufacturing'

Rediff.com26 Sep 2024

'We can hope to see a lot of creation of jobs in the days to come.'

USTR Report Intensifies Trade Tensions With India

USTR Report Intensifies Trade Tensions With India

Rediff.com2 Apr 2025

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.

RBI seeks details of select NBFCs' loan book growth

RBI seeks details of select NBFCs' loan book growth

Rediff.com25 Sep 2024

The Reserve Bank of India (RBI) has sought granular data from select non-banking financial companies (NBFCs) on their loan book growth. The details sought are on the outstanding product-wise portfolio and the annualised interest charged on them. The annualised interest slabs mentioned are as follows: less than 10 per cent, 10-20 per cent, 20-30 per cent, 30-40 per cent, 40-50 per cent, and above 50 per cent.

Modi 3.0's Plans For Ayushman Bharat

Modi 3.0's Plans For Ayushman Bharat

Rediff.com12 Jun 2024

The Centre is considering a proposal on increasing coverage under the Ayushman Bharat scheme to Rs 10 lakh from the current Rs 5 lakh.

60% IT grads cannot write code, finds study

60% IT grads cannot write code, finds study

Rediff.com20 Apr 2017

According to a study by employability assessment company Aspiring Minds, only 4.77 per cent candidates can write the correct logic for a programme -- a minimum requirement for any programming job.

France's Total not to make any fresh investment in Adani

France's Total not to make any fresh investment in Adani

Rediff.com26 Nov 2024

French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL).

SC grants protection from arrest to actor Siddique in rape case

SC grants protection from arrest to actor Siddique in rape case

Rediff.com1 Oct 2024

A bench of Justices Bela M Trivedi and Satish Chandra Sharma issued notices to the Kerala government and the victim in the case and sought their replies within two weeks.

Labour reforms in India may get going, finally

Labour reforms in India may get going, finally

Rediff.com20 Mar 2017

As the Centre faces multiple hurdles, BJP-governed states such as Rajasthan, Madhya Pradesh and Gujarat have swiftly moved in to usher in radical reforms as they aim to take a larger share of the FDI pie.